Southwest Airlines Rockets On Hiked Guidance, Buyback Plan

Sep 26, 2024  · Southwest Airlines rallied Thursday after the company lifted its revenue guidance and approved a $2.5 billion buyback plan. Airline stocks soared following the announcement.


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Southwest Airlines Rockets On Hiked Guidance, Buyback Plan

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Sep 26, 2024  · Southwest Airlines rallied Thursday after the company lifted its revenue guidance and approved a $2.5 billion buyback plan. Airline stocks soared following the announcement.

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Southwest Airlines Rockets On Hiked Guidance, Buyback Plan - MSN

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Southwest Airlines is up about 4% in 2024. American Airlines also jumped 7.2% Thursday on the news. United Airlines rallied 8.8% Thursday, climbing further above a buy zone for a double …

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Southwest Outlines Three-year Growth Plan, To Buy Back $2.5 Bln …

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Sep 26, 2024  · (RTTNews) - Southwest Airlines Co. (LUV), amid its ongoing tussle with its shareholder Elliott Investment Management L.P., on Thursday outlined next steps in a …

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Southwest Airlines' Stock Soars As Revenue Outlook Raised, …

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Sep 26, 2024  · By Tomi Kilgore . Southwest's transformation plan includes assigned seating, redeye flights and $500 million in cost cuts . Shares of Southwest Airlines Co. took flight …

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Southwest Stock Rallies On Lifted Revenue Guidance, Buyback Plan

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Sep 26, 2024  · Shares of Southwest Airlines (LUV) are rallying after the company raised its revenue per available seat mile guidance and announced a $2.5 billion stock buyback …

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What's Going On With Southwest Airlines Stock After Guidance …

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Sep 26, 2024  · Southwest Airlines' stock is rising after announcing a $2.5 billion share repurchase program, improved guidance for Q3 revenue, with plans to enhance its boarding process while …

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Southwest Airlines Gains After Guidance Update, Buyback …

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Sep 26, 2024  · For Q3, Southwest Airlines expects to see revenue per available seat mile rise 2% to 3% year-over-year, vs. a prior forecast for flat to down 2%. The carrier guided for economic …

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Southwest Airlines’ Stock Soars As Revenue Outlook Raised, …

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Sep 26, 2024  · Southwest’s transformation plan includes assigned seating, redeye flights and $500 million in cost cuts Last Updated: Sept. 26, 2024 at 9:51 a.m. ET First Published: Sept. …

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Southwest Airlines’ Stock Soars As Revenue Outlook Raised ... - MSN

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Southwest said it now expects third-quarter revenue per available seat mile to be up 2% to 3% from a year ago, compared with previous guidance of flat to down 2%.

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Southwest Airlines Soars On Improved Guidance, Share Buyback Plan

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Sep 26, 2024  · Southwest Airlines Co (NYSE:LUV) shares gained more than 10% after the airline raised its third quarter forecast for revenue per available seat mile and announced a $2.5 …

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Southwest Airlines Unveils Buyback Plan And Revenue Growth …

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Sep 27, 2024  · Southwest Airlines ( (LUV) ) just unveiled an update. Southwest Airlines is making waves in the financial market with the launch of a new $2.5 billion share repurchase program, …

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Why did Southwest Airlines stock take flight Thursday?

Southwest Airlines’ stock gets a boost from an upbeat revenue outlook, new buyback program and details of its transformation plan. Photo: Getty Images Shares of Southwest Airlines Co. took flight Thursday, after the air carrier raised its revenue outlook and indicated it would resume stock repurchases for the first time in more than four years. ...

Why are Southwest Airlines shares rallying?

This post was written by Melanie Riehl Shares of Southwest Airlines (LUV) are rallying after the company raised its revenue per available seat mile guidance and announced a $2.5 billion stock buyback program. ...

Why did Southwest Airlines stock surge 26% in premarket trading?

Shares of Southwest Airlines Co. surged 2.6% in premarket trading Thursday, after the air carrier raised its revenue-per-capacity guidance for the current quarter and announced a new $2.5 billion stock repurchase program. The company, which is hosting its annual Investor Day Thursday, said it now expects third-quarter revenue per available seat ... ...

What happened to Southwest Airlines' share repurchase program?

On the capital allocation front, the Southwest Airlines (LUV) board of directors authorized a new $2.5 billion share repurchase program. In connection with the new share repurchase program, the board terminated and replaced the prior share repurchase program authorized in May 2019. ...

Will Southwest Airlines (Luv) see a 3% increase in Q3?

Kevin Dietsch/Getty Images News Southwest Airlines Co. (NYSE:LUV) provided a guidance update on Thursday ahead of the airline company's Investor Day event later on Thursday. For Q3, Southwest Airlines (LUV) expects to see revenue per available seat mile rise 2% to 3% year-over-year, vs. a prior forecastfor flat to down 2%. ...

How much did southwest shares gain in pre-market activity?

In pre-market activity on the NYSE, Southwest shares were gaining around 4 percent to trade at $29.51. ...

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